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Post by sweetpea33 on Jan 23, 2024 22:21:06 GMT -8
By their nature longer-term. And while many of these metrics can be tracked on a quarterly basis, progress in sustainability usually plays out over years. To the extent that ESG metrics lead the C-suite to think longer-term, they could be a positive influence. Moreover, linking executive pay to sustainability can send an important signal through the company, its industry and the corporate world in general that these issues are vital to business success. It is not yet clear how alternative food sources may compare in terms of sustainability, including how they would impact forests. In our experience with palm, many companies researched exchanging palm oil for another oil, but they found that other vegetable Email List oil sources were not necessarily more sustainable or more efficient than palm oil. Soybean or coconut oil would require 4 and 10 times more land, which would just shift the problem to other parts of the world. That was a surprise, and it underlined the importance of sustainability efforts in the palm industry. I look forward to more research and information about the efficiency and sustainability of alternative sources of food, including how and if they can help us meet zero deforestation goals.Can C-suite paychecks save the world? Linking executive bonuses to sustainability metrics is making waves. But is it making a difference? By Joel Makower March 9, 2021 Executive Compensation and ESG GreenBiz photocollage via Shutterstock Last week, the fast-casual restaurant chain Chipotle Mexican Grill announced a new policy that ties executive compensation in part to environmental, social and governance (ESG) metrics.
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